Reverse Mortgage Prepayment

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{{results.loanMonthPenalty}} {{content.text.result_calculationType_months}} {{content.text.result_calculationType_IRD}} {{content.text.result_calculationType_NA}}

{{content.text[results.rateTermForIRDPenalty]}}, {{results.loanRateAtPrepayDate * 100 | percent : 2}}

Footnotes

Equitable Bank regularly monitors the posted rates of its reverse mortgage competitors;: ^{Return to footnote * referrer} Equitable Bank regularly monitors the posted rates of its reverse mortgage competitors. If the rate posted on a competitor’s website for a comparable reverse mortgage product in Canada is lower than ours on the date of your application, we will offer you a better rate. All applications are subject to Equitable Bank’s standard lending guidelines, practices and approval criteria. If you submit your application on a non-business day, we will compare rates as posted on the following business day. New originations only. Promotions excluded.